Textbook Notes (290,000)
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RSM100Y1 (400)
Chapter 10 and 15

RSM100Y1 Chapter Notes - Chapter 10 and 15: Canada Green Building Council, Production Function, Accrual


Department
Rotman Commerce
Course Code
RSM100Y1
Professor
John Oesch
Chapter
10 and 15

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RSM100Y
Chapter 10 Notes
Flexible Production
- Cost effective for producing smaller runs
- Can take many forms
- Uses the three resources: Info Tech to share details of customer orders, programmable
equipment to fill orders, and skilled people to carry out the task
- Widely used in auto industry
Customer Driven Production
- Is a system that assesses customer demands to make a connection between the products
that are manufactured and the products people want to buy.
- One way is to set up computer links between factories and retailer scanners
- Wait for order than produce is another method
Leadership in Energy and Environmental Design (LEED)
- A voluntary certification program administered by the Canada Green Building Council,
aimed at promoting the most sustainable construction processes available
Computer-Aided Design (CAD)
- Is a process used by engineer to design parts and entire products on the computer.
Engineers who use CAD can work faster and with fewer mistakes than those who use
traditional drafting systems.
Computer-Aided Manufacturing (CAM)
- A computer tool that a manufacturer uses to analyze CAD output and the steps that a
machine must take to produce a needed product or part
Flexible Manufacturing (FMS)
- A production facility that workers can quickly change to manufacture different products
Computer-Integrated Manufacturing (CIM)
- an integrated production system that uses computers to help workers design products,
control machines, handle materials, and control the production function
Benchmarking
- the process of looking at how well other companies perform business functions or tasks
and using their performance as a standard for measuring another company’s performance
International Organization for Standardization (ISO)
- An international organization whose mission is to develop and promote international
standards for business, government, and society. The aim is to improve and encourage
trade and cooperation
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